urrounded in the allure of Main Line Luxe

Transcription

1 urrounded in the allure of Main Line Luxe

2 A Proper Introduction SQUARE M A I N L I N E

3 A proper introduction Located in the heart of the prestigious Main Line, Suburban Square is Philadelphia s most sophisticated shopping destination. Patrons enjoy an eclectic and unique mix of premier national retailers, high-end local and regional boutiques, restaurants, and the renowned Ardmore Farmers Market, all surrounded in an atmosphere of refined elegance and distinctive art-deco architecture. Suburban For more than 80 years, Suburban Square has Square functioned as the vibrant downtown of the Main Line s highly affluent trade area. Known as one of America s first lifestyle centers, this mixed-use Philadelphia s development offers a truly original shopping experience that continues to prove its sophisticated timeless appeal. suburban With approximately 360,000 square feet of retail and Class-A office space, Suburban Square is home to the nation s most sought-after retailers shopping and boutiques. Suburban Square continues to generate the excitement that attracts destination shoppers and secures its legacy as the region s most enticing lifestyle center.

4 Suburban Square Philadelphia s sophisticated suburban shopping destination A D i s t i n g u i s h e d H i s t o r y SQUARE M A I N L I N E

5 A D i s t i n g u i s h e d H i s t o r y The Main Line Since Lower Merion Township was officially founded in 1713, the area s rolling green hills, flowing rivers, and open meadows proved an irresistible magnet to wealthy city dwellers looking to escape the city by building great country estates. In 1832, the Columbia Railroad opened the area s first rail line, which made Center City Philadelphia a manageable daily commute. The railroad brought many new residents to the area and with them came businesses, shops, and schools. The railroad also brought a name to the area along its path. The term Main Line, which refers to the main rail line linking Philadelphia with Harrisburg and points west, became an established means of referring to the affluent and quickly growing suburban area around the rail stops. A focus on lavish real estate, education, and a civilized way of living continues to personify the Main Line today. A Select Trading Area In the mid 1920s, the Suburban Company of Pennsylvania purchased a 6 acre tract of land (which eventually grew to encompass 19 acres) adjacent to the Main Line s Ardmore Rail Station. The Company s goal was to create a select trading area.with pleasant surroundings and plenty of room for all kinds of business... * The establishment of this select trading area marked the birth of one of America s first lifestyle centers Suburban Square. *(Excerpt from Integrity Spokesman dated 1930) Suburban Square Today More than 80 years later, the principles giving rise to Suburban Square continue to thrive. Home to more than 50 tenants, Suburban Square offers shoppers an inviting atmosphere and a wide array of interesting retail options. As the premier retail destination and veritable town center for the Main Line, Suburban Square continues to play an integral role in the area s history. The charm, natural beauty, and exclusivity of the Main Line found its perfect expression in Suburban Square.

6 Suburban Square Philadelphia s sophisticated suburban shopping destination A Refined Market SQUARE M A I N L I N E

7 A refined market Suburban Square s long-lasting success is heavily influenced by its location in the heart of Philadelphia s Main Line, home to one of America s most affluent markets. In addition, Suburban Square has consistently been able to evolve with the times without compromising its renowned charm. As a result, it continues to attract the finest upscale shoppers who are both highly educated and discriminating. The primary trade area for Suburban Square A profile of privilege Location: Located on the prestigious Main Line, 10 miles west from Center City, Philadelphia. Total Center Size: Approximately 360,000 square feet - 321,000 of prime retail space - 38,000 of Class-A office space Demographics: 2007 Estimate 1 Mile 3 Mile 5 Mile Total Population: 16, , ,404 Total Households: 6,577 46, ,110 Avg. HH Income: $129,884 $117,970 $79,486 Med. HH Income: $89,083 $90,344 $64,231 is within five miles of the property and home to over 420,000 residents living in approximately 160,000 households. The average HHI is nearly $130,000, with five universities and four elite Household Income Percentile*: $200, % $150, , % $100, , % private schools drawing additional high-end Customer Profile: shoppers to the area. The confluence of a creative and contemporary retail mix and an upscale community translates into retail boutique sales exceeding $675 per square foot. Highly educated population of over 420,000 people within a 5 mile radius Average HHI of nearly $130, % of the trade area population have HHI of $100,000 or higher Median age is 38 years An Elite Retail Destination: Historic name recognition Enviable demographics and high population density Retail boutique sales averaging an astonishing $675 per square foot Highly desired national retailers Unique high-end local and regional retailers and restaurants Renowned Ardmore Farmers Market Excellent street access and visibility Convenient parking Sources: *ESRI

8 Suburban Square Philadelphia s sophisticated suburban shopping destination The Greene Countrie (as named by William Penn) SQUARE M A I N L I N E

9 2007 Average Income By Block Groups $100,000 or more $75,000 to $99,999 $50,000 to $74,999 $30,000 to $49,999 Less than $30,000 The Greene Countrie (as named by William Penn) Location: Ardmore, Pennsylvania, 10 miles west of Center City Philadelphia Located at the intersections of Anderson and Montgomery Avenues & Anderson and Coulter Avenues Adjacent to the Ardmore Rail Station, part of SEPTA (Southeastern Pennsylvania Transportation Authority) and Amtrak, serving the Northeast corridor The Main Line offers appealing village communities, nationally recognized schools, and attractive residential real estate in the towns of Merion, Wynnewood, Ardmore, Haverford, Bryn Mawr, Radnor, Rosemont, Bala Cynwyd, Wayne, Gladwyne, Narberth, and Villanova

10 Spring at the square Suburban Square blends a rich history with a contemporary spirit, reflecting a charm that distinguishes it as a premier shopping destination. Leasing opportunities are limited.

11 A store sampling Apple Inc. Ardmore Farmers Market Barbour by Peter Elliot Bluemercury Blue Tulip Chico s City Sports Coach Dandelion Eileen Fisher Free People Janie and Jack Jay Michael Salon & Spa J.Crew J.E. Caldwell & Co. Josephine Sasso Lilly Pulitzer Lucy Macy*s Maleka Fine Linens Olly Shoes The Paperia Seidenburg Luggage Touché Accessories Trader Joe s Urban Outfitters White House Black Market Williams-Sonoma

12 Suburban Square Philadelphia s sophisticated suburban shopping destination A PRESTIGIOUS ADDRESS SQUARE M A I N L I N E

13 A PRESTIGIOUS ADDRESS With outstanding views of the Main Line, the Times Building offers suites from 1,000 to 4,400 square feet. Full floors accessible via private elevator reception are also available. The Times Building offers convenient access to regional transit for easy access to Center City Philadelphia and offers the convenience of shopping and dining on the premises. This prestigious address is currently available to a select number of discerning clients. For Leasing information Contact: Nina Sirianni Director of Real Estate Kimco Realty Corporation (610) x130 nsirianni@kimcorealty.com

14 Owned By: Mid Atlantic Region 170 West Ridgely Road Suite 210 Lutherville, MD Tel Fax Coulter Avenue Suite 1000 Ardmore, Pennsylvania suburbansquare.com